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Mar 13, 2013
03/13
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new deficit reduction for a total of $4.25 trillion in deficit reduction since the simpson-bowles report. our budget reduces the deficit to below 3% of g.d.p. by 2015 and keeps it well below that level for the rest of the ten-year window in a responsible way. and it pushes our debt as a percentage of the economy down moving in the right direction. our budget tackles the deficit the way the american people have consistently said they want it done, with an equal mix of responsible spending cuts made across the federal budget and new revenue raised by closing loopholes and cutting wasteful breaks that primarily benefit the rich. this budget cuts spending responsibly by $975 billion, finding savings across the budget, including health and defense, and it matches those responsible spending cuts with $975 billion in new revenue, which is raised by closing loopholes and cutting unfair spending in the tax code for those who need it the least. while locking in tax cuts for the middle class and low-income families and protecting them from having to pay a penny more. since we have so far been unabl
new deficit reduction for a total of $4.25 trillion in deficit reduction since the simpson-bowles report. our budget reduces the deficit to below 3% of g.d.p. by 2015 and keeps it well below that level for the rest of the ten-year window in a responsible way. and it pushes our debt as a percentage of the economy down moving in the right direction. our budget tackles the deficit the way the american people have consistently said they want it done, with an equal mix of responsible spending cuts...
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Feb 11, 2013
02/13
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, we have reduced the deficit by $2.4 trillion. of that, $1.7 trillion came in spending cuts. $700 billion came in the form of new revenues. so in terms of a balanced approach to deficit reduction that looks both at spending cuts and revenues, we're not balanced yet. we're a trillion dollars ahead nearly on this spending cut side. so when the republicans say we're only going to look at spending cuts going forward, they're not just saying that all those goodies in the tax code that go to wealthy individuals and to corporations as tax deductions and loopholes and expenditures, they're not only saying that's all off-limits, they're also saying we're going to make it even more unbalanced than it is now. and by the way, the way i get to $1.7 trillion is to take $1.46 trillion, which is the actual cuts, and then add the interest savings that are associated with it, and i take the same interest savings on the revenue side. so it's even the way we've allocated the -- the interest. i see that chairman levin is here, so i'm going to yield to
, we have reduced the deficit by $2.4 trillion. of that, $1.7 trillion came in spending cuts. $700 billion came in the form of new revenues. so in terms of a balanced approach to deficit reduction that looks both at spending cuts and revenues, we're not balanced yet. we're a trillion dollars ahead nearly on this spending cut side. so when the republicans say we're only going to look at spending cuts going forward, they're not just saying that all those goodies in the tax code that go to wealthy...
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Jun 25, 2013
06/13
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he talk about the deficit, income gap, and implementation of the health care law. this is a half hour. [no audio. ] i want to start with main of your themes at the rock and roll hall of fame. you observe the gap between the best off americans and the worst off americans has been growing substantially over time. you argue it wasn't just wrong as a matter of politics or values. it was bad for the economy. you said a more equal distribution of wages could be good for business. it would raise morale and productivity. and you basically said that the u.s. economy would probably grow better, faster, if this gap between, say chief checktive -- executive and the janitor was narrower. in other words, these guys are either making too much money, or paying their staff too low. and their companies would be better off if it were different? >> i think that's right. let me put in context. did no. -- >> the point i was making we reached a point in our society where inequality is harmful for the economy. and i think throughout most of our history there was a trade-off between inequa
he talk about the deficit, income gap, and implementation of the health care law. this is a half hour. [no audio. ] i want to start with main of your themes at the rock and roll hall of fame. you observe the gap between the best off americans and the worst off americans has been growing substantially over time. you argue it wasn't just wrong as a matter of politics or values. it was bad for the economy. you said a more equal distribution of wages could be good for business. it would raise...
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Aug 8, 2013
08/13
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and we have a lot of good guys elected in 2010 to stop a lot of bad stuff and i've cut the deficit in half. and they are every bit as tough on american security or border control as anyone else. so this is pretty tough stuff when it comes to border security when the study says we did all this stuff in the bill, that they would cut legal immigration by a third to a half. does anyone think that is good enough? i do not. i don't think so at all. >> we are happy to have a town hall about this. >> what is the republican majority in the house doing to guarantee this will preserve the freedom to express their faith and share? >> we have legislation on not. tim walberg, who is an ordained minister and some other people are very heavily involved, who cosponsored the legislation. we are trying to in the last couple of weeks on this issue, so i don't consider this a particularly partisan issue. so it's pretty terrible and the idea that you would tell a person of enough conscience to be a minister or a priest or a rabbi what they are going to say, this is one of those cases where their legions is
and we have a lot of good guys elected in 2010 to stop a lot of bad stuff and i've cut the deficit in half. and they are every bit as tough on american security or border control as anyone else. so this is pretty tough stuff when it comes to border security when the study says we did all this stuff in the bill, that they would cut legal immigration by a third to a half. does anyone think that is good enough? i do not. i don't think so at all. >> we are happy to have a town hall about...
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Mar 12, 2013
03/13
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deficit reduction is an absolutely important goal and important to bring deficits down and bring debt to gdp, but they are part of -- those goals are part of the broader purpose here which is to grow the economy, and strengthen the middle class, and if you achieve one without the other two, you have not done right by the middle class of the country, and you probably have undermind the future economy of the united states so that's why the president focuses on balance, on the important goal of deficit reduction, signed into law, as you know, john, $2.5 trillion of deficit reduction so far and looks forward to working with congress to bring that total to beyond $4 trillion, which, in turn, if done in a balanced way, achieves the goal laid out. >> will the president be disappointed in senate democrats did not include one of the reforms that you often talk about on the podium on entitlements? >> the president has a proposal he made to the speaker of the does -- >> endorsedded by the party and suggested as political radio activity to it that people are afraid to touch. >> i think the questi
deficit reduction is an absolutely important goal and important to bring deficits down and bring debt to gdp, but they are part of -- those goals are part of the broader purpose here which is to grow the economy, and strengthen the middle class, and if you achieve one without the other two, you have not done right by the middle class of the country, and you probably have undermind the future economy of the united states so that's why the president focuses on balance, on the important goal of...
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May 22, 2013
05/13
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i want to underline, we need deficit reduction. but the way in which we're doing it through the sequester is terrible policy and it is time to fix it. just after the fiscal year 2013 sequester was triggered, senator collins and i introduced a commonsense plan that would empower federal departments and agencies to replace the indiscriminate cuts with more strategic cuts. you just have to look at the way in which sequestration has endangered critical programs for working families, our senior citizens, and the middle class to know that we have to do more than we're doing today. and just throwing up our hands and doing nothing is poor governing. senator collins and i believe that we have a responsibility here as leaders to inject some measure of common sense into the process. with that, madam president, i'd like to turn to my colleague, senator collins, for her thoughts on the necessity of the collins-udall legislative proposal. ms. collins: madam president? the presiding officer: the senator from maine. ms. collins: thank you, madam p
i want to underline, we need deficit reduction. but the way in which we're doing it through the sequester is terrible policy and it is time to fix it. just after the fiscal year 2013 sequester was triggered, senator collins and i introduced a commonsense plan that would empower federal departments and agencies to replace the indiscriminate cuts with more strategic cuts. you just have to look at the way in which sequestration has endangered critical programs for working families, our senior...
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Jun 27, 2013
06/13
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it has more deficit reduction than our best deficit ruing packages. it will stimulate the economy more than any stimulus bill. and it will make our border more secure than it has ever been in our history. so now there are simply no more legitimate excuses to vote against this bill. opponents of the bill have given three stated excuses for opposing the bill each of which has been resoundingly refuted. they say the process is unfair but it's the most open process we've seen in a long time. they said it was going to bust the budget and take away american jobs, c.b.o. refuted that. finally they said the bill won't secure the border but we have the toughest border security in any immigration bill ever written. here is what a-vote against this bill says. it says it would be nice to reduce the debt but not if it helps immigrants. it would be nice to grow the economy but not if it helps immigrants. it would be nice to end illegal immigration but not if it helps immigrants. those are the three stated reasons. the only reason left to vote against this bill is t
it has more deficit reduction than our best deficit ruing packages. it will stimulate the economy more than any stimulus bill. and it will make our border more secure than it has ever been in our history. so now there are simply no more legitimate excuses to vote against this bill. opponents of the bill have given three stated excuses for opposing the bill each of which has been resoundingly refuted. they say the process is unfair but it's the most open process we've seen in a long time. they...
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Apr 9, 2013
04/13
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reduction, what that essentially means is all the deficit reduction is in the form of higher taxes. you've got a trillion dollars in new taxes, $600 billion in deficit reduction, and you're completely replacing the $1.2 trillion in spending cuts that currently is in effect unless, of course, as is proposed in the president's budget, at least we're told, is going to be replaced. but my point simply is this: we are in this country today, we've got a sluggish economy, a chronic high unemployment, massive amounts of debt, all of which can be if not entirely but at least partially cured by, fixed by a more robust, a more expansive, a growing economy, growing at a more historic rate. the economic growth that we've seen in the last -- since this president took office, the average is .8%. .8% is the average economic growth in the four years the president has been in office. the historic average, the past 60 years is about 3.3% and that includes 11 recessions. we've again through 11 recessions in the last 60 years and still we have an average growth rate of 3.3%. not terribly robust but on a
reduction, what that essentially means is all the deficit reduction is in the form of higher taxes. you've got a trillion dollars in new taxes, $600 billion in deficit reduction, and you're completely replacing the $1.2 trillion in spending cuts that currently is in effect unless, of course, as is proposed in the president's budget, at least we're told, is going to be replaced. but my point simply is this: we are in this country today, we've got a sluggish economy, a chronic high unemployment,...
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Jul 16, 2013
07/13
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funds that are supposed to be remitted to the treasury for deficit reduction. some might ask, isn't there a cap to the funding available to cfpb? yes, there is, but here's what it looks like. the cap was 10% of the federal revenues for fiscal year 2010, 11% for fiscal year 2012 and 12% for fiscal year 2013, with an inflation factor each and every year after that. this means 12% of the combined earnings of the federal reserve system which was $4.98 billion in 2009, at that time 10% would have been $500 million. these numbers are astonishing. and anyone saying that the bureau isn't funded by taxpayers is trying to pull a sleight of hand. the funds may not come directly from the treasury, but taxpayers are going to have to take up the slack for funds there no longer receiving from the federal reserve. not sure how we do that constitutionally, to move somebody outside and still take federal money. in addition, the director of the bureau has unlimited discretion over how the agency's money, these hundreds of millions of dollars i just talked about, is spent. let me
funds that are supposed to be remitted to the treasury for deficit reduction. some might ask, isn't there a cap to the funding available to cfpb? yes, there is, but here's what it looks like. the cap was 10% of the federal revenues for fiscal year 2010, 11% for fiscal year 2012 and 12% for fiscal year 2013, with an inflation factor each and every year after that. this means 12% of the combined earnings of the federal reserve system which was $4.98 billion in 2009, at that time 10% would have...
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Jun 27, 2013
06/13
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that reduction was mitt romney's corporate tax goal, and we could do it without adding a dime to the deficit. that's why republicans like george schultz, art laffer, one of the architects of president reagan's economic plan, have expressed support for a revenue-neutral carbon feevment i have highlighted these four proposals to show that we could do big things with a carbon fee. these proposals -- or some combination of them or other ideas -- are all possibilities opened up by carbon fee legislation. shouldn't we have that discussion? wouldn't that be better and more honest and more productive than trotting out the tired tall tales of climate denial, better than pretending that it's a hoax? president obama has defined the growing menace of climate change as the global threat of our time. it is. it is this challenge by which our generation will be judged. the grown-ups know it. nasa and noaa and all the major american scientific organizations, the join joint cs of staff and our military leaders, a who's who of america's top corporate leadership, the property casualty and insurance industry, th
that reduction was mitt romney's corporate tax goal, and we could do it without adding a dime to the deficit. that's why republicans like george schultz, art laffer, one of the architects of president reagan's economic plan, have expressed support for a revenue-neutral carbon feevment i have highlighted these four proposals to show that we could do big things with a carbon fee. these proposals -- or some combination of them or other ideas -- are all possibilities opened up by carbon fee...
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Jan 7, 2013
01/13
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this week's action further reduces the deficit i i i i $737 billion, making it one of the largest deficit reduction bills passed by congress on over a decade. i'm willing to do more. i believe we can find more places to cut spending without shortchanging things like education, job creation, research and technology all of which are critical for prosperity in a 21st century economy. spending cuts must be balanced with more reforms to our tax code. the wealthiest individuals and the biggest corporations should be able to take advantage of loopholes and deductions that aren't available to most americans. as i said earlier this week, one thing i will not compromise over is whether or not congress should pay its tab for building a party wrapped up. congress refuses to give in and seize the ability to pay its bills on time the consequences for the entire global economy could be catastrophic. last time our economy suffered for. our families and businesses cannot afford that dangerous game again. >> host: jim manley, let me ask you a specific question. will democrats go along with medicare and med
this week's action further reduces the deficit i i i i $737 billion, making it one of the largest deficit reduction bills passed by congress on over a decade. i'm willing to do more. i believe we can find more places to cut spending without shortchanging things like education, job creation, research and technology all of which are critical for prosperity in a 21st century economy. spending cuts must be balanced with more reforms to our tax code. the wealthiest individuals and the biggest...
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Jan 29, 2013
01/13
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and so we're very worried about the deficit and what kind of deficit we're going to be leaving to our heirs. there is a national security deficit that is growing and that will continue to grow. of it's a particularly american conceit that the world goes away or stops when we stop paying attention to it. the fact of the matter is that the problems that we see in the world will not go away. we don't cause them by looking at them, and we can't stop them by ignoring them. the enemies who want to kill us -- and it's amazing to me how comfortably we forget the fact that there are large groups including the entire state of iran where leaders wake up every or day and ask themselves what can i do to kill americans today? that's not a period of wars receding. but back to consensus reality, if we agree that it is, then we will leave for our children an incredibly dangerous world. we will have missed many opportunities to address problems before they acquire the kind of compound interest that is measured in lives. >> misha, just to close this up, also address the question of who actually is expec
and so we're very worried about the deficit and what kind of deficit we're going to be leaving to our heirs. there is a national security deficit that is growing and that will continue to grow. of it's a particularly american conceit that the world goes away or stops when we stop paying attention to it. the fact of the matter is that the problems that we see in the world will not go away. we don't cause them by looking at them, and we can't stop them by ignoring them. the enemies who want to...
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Mar 26, 2013
03/13
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there's a deficit, and there's an exclusion of a majority of haiti's citizens from my real say about the future. that really must change. the content of the national accord has to be the issues that have plagued haiti for decades, and the president's proposed five e's are a good example of those, employment, education, environment, energy, and the rule of law. i added an "a" yesterday, which is in our report as well, and that is accountability in transparency in each of the areas, by government for the people. now, there may be views on what should be done in the areas, but that's precisely what a national accord process does, and, bob noted that at the community level, there's already a significant amount of consensus about what has to be done, and those voices need to be heard informing a national consensus in a national govern pact. the elite must recognize their own responsibility to shape the national consensus, and it must include their paying all their taxes in order to provide state with the resources it needs to fund basic health, education, and infrastructure. you know, hai
there's a deficit, and there's an exclusion of a majority of haiti's citizens from my real say about the future. that really must change. the content of the national accord has to be the issues that have plagued haiti for decades, and the president's proposed five e's are a good example of those, employment, education, environment, energy, and the rule of law. i added an "a" yesterday, which is in our report as well, and that is accountability in transparency in each of the areas, by...
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Jan 25, 2013
01/13
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utilize the position to encourage the president to work with us in good faith to solve the debt and deficit issue >> i spent six months i guess it was or five months as a member of the super committee. and i put an enormous amount of energy and hope that we would be able to get the bigger bargain. i'm not here to go through the details of why we didn't, that there was a very hard line monitor negotiating position that prevented us from being able to come to an agreement which incidentally we just came to. but we can to this with far less on the table and far less accomplished than we would have if we had come to that agreement six months ago or a year ago. my hope is yes, i certainly will weigh in on that and the degree that it does not impact on - devotee to do my job and the ability of the state department to be able to do its job. we cannot reduce the funding for some of these initiatives that we are engaged in without great cost to help american business, help create jobs and help strengthen our security in the world. so it's in my interest to get this budget effort results even though
utilize the position to encourage the president to work with us in good faith to solve the debt and deficit issue >> i spent six months i guess it was or five months as a member of the super committee. and i put an enormous amount of energy and hope that we would be able to get the bigger bargain. i'm not here to go through the details of why we didn't, that there was a very hard line monitor negotiating position that prevented us from being able to come to an agreement which incidentally...
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Jul 22, 2013
07/13
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but at some point it needs to act because of the ballooning deficit. so i think the president, he's had, honestly, he's had a rough six months. a lot of his agenda items other than immigration, gun control, died in the senate. they're trying to revive it, but immigration reform doesn't look like it's a sure bet to pass, and gun control and immigration were his two top priorities. but on the economy there is, there are signs of life especially in the housing sector. so that's, it's not surprising that the white house wants to talk about that. >> host: this is a positive place that he can go to. >> guest: yes, exactly. >> host: another issue that's important to the white house is presidential nominees. give us a refresher on the deal other the presidential nominees that was reached last week, and is there any timeline for moving them over the next two weeks? >> guest: yeah. a fascinating week last week on capitol hill. they had the nuclear option, the threat of the nuclear option went down to the -- >> host: and for those that don't know nuclear option.
but at some point it needs to act because of the ballooning deficit. so i think the president, he's had, honestly, he's had a rough six months. a lot of his agenda items other than immigration, gun control, died in the senate. they're trying to revive it, but immigration reform doesn't look like it's a sure bet to pass, and gun control and immigration were his two top priorities. but on the economy there is, there are signs of life especially in the housing sector. so that's, it's not...
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Mar 14, 2013
03/13
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federal entitlement spending is the biggest driver of our debts and deficits, and absent realing structural reforms, these programs threaten to swallow up our government and take our economy down with it. this is not rhetoric or supposition. madam president, these are cold, hard facts. yet, with their budget, the democrats have apparently opted to ignore reality and let these programs continue on their current unsustainable trajectory. on that trajectory, the safety net frays. on that trajectory, disabled american workers face benefit cuts of over 20% in 2016. and on that trajectory, trust funds associated with the safety net become exhausted. madam president, the course chartered by this budget is simply irresponsible. no one is -- no one serious about this would choose to cut entitlement spending for another ten years. even president obama has proposed as much as $530 billion in medicare and social security reforms. this budget undercuts the president's proposal by nearly 90%. so once again, madam president, this budget is not about dealing with reality. it's about politics, pure and simp
federal entitlement spending is the biggest driver of our debts and deficits, and absent realing structural reforms, these programs threaten to swallow up our government and take our economy down with it. this is not rhetoric or supposition. madam president, these are cold, hard facts. yet, with their budget, the democrats have apparently opted to ignore reality and let these programs continue on their current unsustainable trajectory. on that trajectory, the safety net frays. on that...
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May 3, 2013
05/13
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their own numbers indicated before the last two reports cam out they were operating in a significant deficit. 1.8 billions in assets, 7 billion in liabilities. those numbers can be extrapolated and even made larger by some of the other plans that aren't contained in their projection because it's outside the window for budgetary purpose. the bottom line is that the pbgc is headed for problems. they have those assets. when those assets are gone, the gao has recently given an estimate that the current benefits guarantee can be less than 10% of what the statutory guarantee would provide. they provide an example of a person with 35 years of service who is currently receiving $2,000 the plan were to become insolvent, that person would have his benefit reduced to $1,251. but if the -- once the pbgc becomes insolvent because their only income flow would be from current premiums, that guaranteed that, monthly amount would drop to less than $125 a month. now, grant, the guarantees in a single employer system and the multiemployer system are quite different. that was intentional. in the single employer
their own numbers indicated before the last two reports cam out they were operating in a significant deficit. 1.8 billions in assets, 7 billion in liabilities. those numbers can be extrapolated and even made larger by some of the other plans that aren't contained in their projection because it's outside the window for budgetary purpose. the bottom line is that the pbgc is headed for problems. they have those assets. when those assets are gone, the gao has recently given an estimate that the...
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Feb 1, 2013
02/13
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and your focus on the retirement north carolina deficit -- income deficit. i appreciate the even-handed way you have approach the the hearings. you have your own suggested idea, but you have opened the hearings to witnesses from all directions and that gives us a chance, really, to test senator harkin's proposals wells other proposals and hopefully come to a good conclusion. i thank the witness for being here. i told them earlier, i look forward to hearing what they have to say. of course, we currently have the mandatory retirement plan. my instinct, my preference, would be to explore what we need to do to beef up or strengthen our voluntary retirement plans. we regularly, troubles that both corporate and union defined benefit plans have need to be careful in the changing world that we have where businesses aren't like businesses forty or fifty years ago or in the global marketplace rapidly changing, companies, employers look different than employers did some time ago. we have to be careful about decisions we make here. we're talking about about tens of mill
and your focus on the retirement north carolina deficit -- income deficit. i appreciate the even-handed way you have approach the the hearings. you have your own suggested idea, but you have opened the hearings to witnesses from all directions and that gives us a chance, really, to test senator harkin's proposals wells other proposals and hopefully come to a good conclusion. i thank the witness for being here. i told them earlier, i look forward to hearing what they have to say. of course, we...
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Jul 26, 2013
07/13
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>> they are running a $377 million deficit on maintenance every year. so every year they get further and further behind and the degree of maintenance to catch back up, the cost becomes more complex because you are not doing preventative maintenance. you are doing structural maintenance. at the grand canyon we are dipping water out of the river sometimes from the water in there to run the toilets. grand canyon national park. are we proud of that? >> well, i am committed and again the state doesn't have an awful lot of structure in our state. we still benefit as americans. we have to look at it as a whole, not just what is good for my state or do i get a part of this and do i get something for it? this is something that has to be done and i applaud you, sir. >> thank you senator manchin and certainly a problem-solving approach is going to be very useful. senator barrasso is next. co want to thank senator coburn for his leadership. i agree completely that the land and water conservation fund should be for maintenance backlog in upper new acquisitiacquisiti
>> they are running a $377 million deficit on maintenance every year. so every year they get further and further behind and the degree of maintenance to catch back up, the cost becomes more complex because you are not doing preventative maintenance. you are doing structural maintenance. at the grand canyon we are dipping water out of the river sometimes from the water in there to run the toilets. grand canyon national park. are we proud of that? >> well, i am committed and again the...
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Sep 4, 2013
09/13
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there is a key judgment parties had to make about whether they get to the deficit and take the tough decisions needed to turn our country around. we made those top positions on the side of the house, the party opposite every single one of them. >> thank you, mr. speaker. however, speaker scholes for a town councils won't have sufficient places. can a prime minister guarantee all those children will actually have one? >> would put in place funding to provide that for the disadvantaged two euros and i'm confident they will receive the services they deserve. >> unemployment in my constituency is lower than anytime since the general election in 2010. [shouting] two very successful as i've been organizing a third. >> is a right honorable friend agree that shows the government is right despite calls to abandon the members opposite? >> my honorable friend is right. there are more people in our country than ever before. more people in private sector employment than ever before. a record number of women at work in our country and almost a million more people in work compared with the situatio
there is a key judgment parties had to make about whether they get to the deficit and take the tough decisions needed to turn our country around. we made those top positions on the side of the house, the party opposite every single one of them. >> thank you, mr. speaker. however, speaker scholes for a town councils won't have sufficient places. can a prime minister guarantee all those children will actually have one? >> would put in place funding to provide that for the...
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Apr 3, 2013
04/13
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in fact over its 10-year budget projection it actually resueses, reduces the overall deficit because of these additional differry system reforms in addition to the coverage requirements. >> you know, governor daniels said in a piece in the "wall street journal" several years ago now, even before while we were still debating the affordable care act, by providing state employees with high deductible policy for catastrophic coverage and then providing them the funds to pay that high deductible should they be required to do so, allowing them to keep the money in those health savings accounts if they didn't spend it, he came to the conclusion that something magic happens when people spend their own money for health care, even if it wasn't their own money in the first place and i don't know why there has been such a resistance to accepting that lesson that he has shown so elegantly in indiana and why we won't allow it to occur in more places. lieutenant governor, i give you the last word. i rather suspect the flexibility that dr. collins spoke about is something that you would welcome, is
in fact over its 10-year budget projection it actually resueses, reduces the overall deficit because of these additional differry system reforms in addition to the coverage requirements. >> you know, governor daniels said in a piece in the "wall street journal" several years ago now, even before while we were still debating the affordable care act, by providing state employees with high deductible policy for catastrophic coverage and then providing them the funds to pay that...
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Aug 5, 2013
08/13
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the past decade have not been uneventful for budgeting, swinging from deficit surplus back to deficit again. and while today's economic ties are slowly lifting us out of the recession induced deficits, government leaders are admired and almost unprecedented gridlock that seems to threaten the appropriation and continuity of government itself. it's no wonder we call the session budgeting at the brink. mark twain once said that history doesn't repeat itself, but it rhymes we are committed to the proposition that useful. ugly to look back in order to move forward. today's challenges are truly novel or do they resemble previous battles. what can we learn from previous battles in previous issues to inform our current seemingly intractable budget systems. that is really the focus of this meeting. we had our first session together in november of 2011 -- 2012 and a son in 1990 budget agreement and we issued a report this back in the room there, were brought together people like speaker tom foley, white house staff director john sununu, senator domenici and others to reflect on the lessons lea
the past decade have not been uneventful for budgeting, swinging from deficit surplus back to deficit again. and while today's economic ties are slowly lifting us out of the recession induced deficits, government leaders are admired and almost unprecedented gridlock that seems to threaten the appropriation and continuity of government itself. it's no wonder we call the session budgeting at the brink. mark twain once said that history doesn't repeat itself, but it rhymes we are committed to the...
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Sep 4, 2013
09/13
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there was a key judgment the parties had to make about whether in this parliament to get to the deficit and to take the tough decisions that we needed to turn our country and around. we made those top decisions on this side of the house and the party launched every single one of them. >> thank you mr. speaker. the governor is right. the figures show, however, the council's won't have sufficient places. can the prime minister guarantee that all of those children will actually have one? >> we have put in place the funding to provide that for the disadvantaged to-year-olds and i'm confident they will receive the services that they deserve. islamic my constituency is lower than any sense 2010. locally we organized the successful -- my right honorable friend agrees with me this goes to show the government has the economic plan to fight by the members opposite. >> my friend is right. the figures on unemployment are encouraging. there are more people working in the country than ever before. there are more people in private sector employment than before and a record number of women working in t
there was a key judgment the parties had to make about whether in this parliament to get to the deficit and to take the tough decisions that we needed to turn our country and around. we made those top decisions on this side of the house and the party launched every single one of them. >> thank you mr. speaker. the governor is right. the figures show, however, the council's won't have sufficient places. can the prime minister guarantee that all of those children will actually have one?...
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78
Jun 10, 2013
06/13
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raising money from the very people she regulates, there is a lot of what i would call a confidence deficit in washington, d.c., particularly given washington's abysmal record in enforcing our immigration laws. but it's important to distinguish between promises and results. remember, the federal government has promised to secure our border for the last quarter century, and the trail of broken promises, as i said, goes back to 1986 when congress passed an amnesty program while assuring voters that they would see results on border security and enforcement. and as everyone knows, we got the amnesty but not the enforcement in 1986, and the underlying bill suffers the same problems. at the very least, we should try to learn from history and not repeat it. and, unfortunately, the underlying bill fails to acknowledge those lessons we should have learned about steps we need to take in order to guarantee results rather than make repetitive promises that we ultimately don't keep. so i understand why the american people don't trust washington. i understand why they dismiss some border security promise
raising money from the very people she regulates, there is a lot of what i would call a confidence deficit in washington, d.c., particularly given washington's abysmal record in enforcing our immigration laws. but it's important to distinguish between promises and results. remember, the federal government has promised to secure our border for the last quarter century, and the trail of broken promises, as i said, goes back to 1986 when congress passed an amnesty program while assuring voters...
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1.7K
Jul 16, 2013
07/13
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there's a trust deficit in government today. during the last several months, i've raised significant concerns with the cfpb's data collection efforts. i've been told that the bureau needs big data to level the playing field. however, the bureau's efforts go far beyond simply leveling the playing field. unfortunately, for an agency that prides itself on transparency, i've encountered very little concrete answers to very basic questions. for example, i've asked the bureau on three occasions to give me information on the number of americans' credit accounts that the cfpb is currently monitoring. in response, the cfpb said the information was confidential and could not be supplied. information coming from last week's hearing in the house financial services committee indicates that the cfpb is undertaking unprecedented data collection on possibly hundreds of millions of americans' accounts, possibly as many as 900 million credit card accounts in the united states. the size of this data collection and the amount of money being spent b
there's a trust deficit in government today. during the last several months, i've raised significant concerns with the cfpb's data collection efforts. i've been told that the bureau needs big data to level the playing field. however, the bureau's efforts go far beyond simply leveling the playing field. unfortunately, for an agency that prides itself on transparency, i've encountered very little concrete answers to very basic questions. for example, i've asked the bureau on three occasions to...
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Apr 26, 2013
04/13
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given the deficit we must be rethinking how and where and why we provide for an aid. it must provide the security and support our national economic interest and must be efficient and it has to be effective. it must advance space principles and develop reliable trade partners and must be implanted in a way that breaks the cycle of dependency. over the past decade, u.s. aid has seen its mission to the way. the global coordinator that manages the largest u.s. global health program in history is housed in the state department. the mcc is created and has been created as an independent agency with a mandate to reduce poverty through economic growth. so it has been a challenging time for usaid. indeed the bush administration stood up in the millennium challenge as an alternative a way to break with of the tie-year-old development approaches for decades had failed. but it has had its challenges, too. so called compaq's in the early days were big and complicated and overly optimistic. this has improved some, but they may stay true to itself. getting pulled into countries where
given the deficit we must be rethinking how and where and why we provide for an aid. it must provide the security and support our national economic interest and must be efficient and it has to be effective. it must advance space principles and develop reliable trade partners and must be implanted in a way that breaks the cycle of dependency. over the past decade, u.s. aid has seen its mission to the way. the global coordinator that manages the largest u.s. global health program in history is...
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Sep 10, 2013
09/13
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and put that money onto our deficit and get us out of the debt. that's what i think. >> host: all right. here's louis in miami, florida, on our republican line. miami? hi, louis, go ahead. >> caller: yeah. >> host: you're on the air. >> caller: okay. this is only, i'm against the war many syria. but the way to fix this situation and problem is take all the american people around all the country over there and bring them back to u.s.. and then take the money that we are sending over there to all these people, take it off from there. and you're going to see, they're going to stop all the problem they have right away. that's the situation we have now. we continue put some money in there, and these people continue the fight. if you take the money away, this thing we're going to stop, and everybody going to be at war. thank you. >> host: let's go to round rock, texas, next, michael. welcome. >> caller: yes, how you doing there. >> >> host: i'm doing fine. >> caller: yes, i think that a lot of people think that we in the u.s., we should be countries lik
and put that money onto our deficit and get us out of the debt. that's what i think. >> host: all right. here's louis in miami, florida, on our republican line. miami? hi, louis, go ahead. >> caller: yeah. >> host: you're on the air. >> caller: okay. this is only, i'm against the war many syria. but the way to fix this situation and problem is take all the american people around all the country over there and bring them back to u.s.. and then take the money that we are...
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Jan 30, 2013
01/13
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that's 18% of our deficit this year. so the question you have to ask is, where is congress? why aren't they doing something on this? we've passed one bill out of the senate in the last three years is associated with this, got thrown out in conference. and it saved $5 billion. we could easily save $20 billion or $25 billion, $30 billion with minimal work. i know it's much greater than that. there'll be controversy as you go up. but the fact that we've done nothing addressing these issues tells you that there is a problem in congress in terms of facinfacing reality. it also tells us that there's a problem in congress in that the political is much more important thank ththan the country. that we dare not offend anybody that is a taker of any of these programs, especially the people that are employed in the administration and implementation of these programs, even though some programs have 250 or 209 different programs. we've met the enemy, and the enemy is the u.s. senate and the u.s. congress. let me if to the next list -- let me go to the next list. unmanned aircraft programs
that's 18% of our deficit this year. so the question you have to ask is, where is congress? why aren't they doing something on this? we've passed one bill out of the senate in the last three years is associated with this, got thrown out in conference. and it saved $5 billion. we could easily save $20 billion or $25 billion, $30 billion with minimal work. i know it's much greater than that. there'll be controversy as you go up. but the fact that we've done nothing addressing these issues tells...